Should You Buy Rivian While It's Below $15?
Rivian (NASDAQ: RIVN) has a problem at the bottom of its income statement. And that problem, red ink, is likely to continue to be an issue for a while longer. But there are signs of material progress at this electric vehicle (EV) maker that investors should watch closely. In fact, the company's progress toward black ink could speed up very soon.
Rivian makes EV pickups, vans, and SUVs for both the commercial and consumer markets. It is, basically, an upstart electric vehicle company, trying to copy some of the success that (NASDAQ: TSLA) has achieved. The key difference is that the company is focused more on larger vehicles like SUVs, which are particularly popular in the U.S. market.
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Source Fool.com
Tesla Inc Stock
€340.45
3.090%
Currently there is a rather positive sentiment for Tesla Inc with 104 Buy predictions and 40 Sell predictions.
As a result the target price of 400 € shows a slightly positive potential of 17.49% compared to the current price of 340.45 € for Tesla Inc.
